Melt 2 tablespoons butter in sauce-pan, add coconut and stir until golden brown. Remove from heat. Cream 1/3 cup butter; add cream cheese and blend. Add small amounts of sugar and milk alternately, beating after each addition. Add vanilla and 3/4 cup of the coconut. Spread on cake. Sprinkle with remaining coconut.
Happiness keeps You Sweet, Trials keep You Strong, Sorrows keep You Human, Failures keep You Humble, Success keeps You Glowing, But Only God keeps You Going!